Core Viewpoint - The article highlights the dedication and innovative spirit of Hou Zhongwen, a senior technician at CNOOC's Fudao Company, who has significantly contributed to the maintenance and repair of equipment, showcasing the importance of skilled labor in the oil and chemical industry [1][4][6]. Group 1: Professional Achievements - Hou has been recognized as a national labor model for his unwavering commitment to his craft and his role in ensuring the smooth operation of equipment [1][4]. - He has successfully completed over 6000 maintenance projects, accumulating 18,000 safe maintenance hours, which contributed to record-long operational periods for two major production units [5]. - In a critical situation in January 2022, he led a team to repair a malfunctioning carbon dioxide compressor in just 2.5 days, setting a record for similar equipment repairs [4][5]. Group 2: Technical Innovations - Hou's determination to repair imported equipment led to a significant breakthrough when he resolved a critical failure in a magnetic pump that foreign experts deemed necessary to replace, saving the company substantial costs and time [6][7]. - Over 17 years, he has spearheaded more than 300 technical modifications and achieved 180 successful technology transfers, resulting in the domestic upgrade of core components and avoiding 18 instances of equipment downtime [7][8]. Group 3: Talent Development - As a leader in a national model labor and craftsman talent innovation studio, Hou emphasizes the importance of mentoring and training, implementing a hands-on training method that enhances practical skills [8]. - Under his guidance, participants in national skill competitions achieved top rankings, showcasing the effectiveness of his training methods and contributing to the development of a skilled workforce [8].

Group 1: Investor Relations Activities - The company held an annual performance briefing on May 8, 2025, via the "Investor Relations Interactive Platform" [3] - Attendees included the company's chairman, general manager, financial director, board secretary, and sponsor representative [3] Group 2: Stock Price and Market Performance - The company is focused on improving its operational performance to support stock price recovery, emphasizing the importance of fundamental improvements [4] - The company aims to maximize shareholder value and ensure satisfactory returns for investors [4] Group 3: Product Applications and Market Expansion - The company has existing collaborations in the automotive sector, primarily for in-car folding tables, with plans to expand into other applications like car refrigerators [4] - The company is actively seeking to acquire international server clients, building on its strong domestic customer base [5] Group 4: Financial Performance and Profitability - In Q1 2025, the company's net profit excluding non-recurring items grew faster than revenue, attributed to improved gross margins due to product updates and sales structure changes [5] - The company plans to enhance cost efficiency, optimize marketing, and strengthen brand development to improve market share and profitability [5] Group 5: Domestic Production and Market Trends - The push for domestic production in the server industry is expected to increase the demand for server sliding rails, with the company positioned as a qualified supplier for several manufacturers [6]